BUDT704 Project Report

Bike Sharing Analysis

Group 15 [Int Elligence]:

Introduction

The rapid rise in urbanization has led to the adoption of shared mobility models in many major cities around the world. Among the the many different models, the bike sharing platforms has seen an exponential rise in its usage over the 2017-2019 period. The bike sharing platforms (shared micro mobility) popularity can be accounted to a few factors.

  • Growing consensus on sustainability
  • Ease of usage
  • Last mile connectivity



For this project, we have taken the bike sharing program in Chicago, put in place by Divvy</i>. Further, we will analyze the trends observed on the program. We will also look at factors like weather conditions, temperature in perticular, and holiday season that effect usage trends of the subscribed and the un-subscribed users.

Finally based on the analysis, the team will provide a few recomendations to optimize bike usage, expand by recommending new bike docking locations, and share details on bike dock hot spots that local business can make use of to promote thier businesses by evaluating these high density transit points.


Source: https://www.mckinsey.com/industries/automotive-and-assembly/our-insights/shared-mobility-where-it-stands-where-its-headed